Type: retail / commercial Еsq. ft.: 9,000 Built: 1985 Tenants: Family Dollar
233 Van Houten Street is a NNN leased Family Dollar building, effectively positioned at a signalized corner, facing two major roads with excellent accessibility and exposure. The place is surrounded by various multifamily homes, high rise apartment buildings, as well as office and retail development such as Center City Mall, Alexander Hamilton Plaza. The City of Paterson is the third largest city in New Jersey, located at the crossroads of major transportation routes, close to international shipping ports, in the heart of the East Coast population center and New York City. It has a diverse economy, stimulated by Urban Enterprise Zone revitalization program that includes tax incentives, quality real estate available at fair prices, and energy savings plans, providing stability for the future of the city. Offering a more affordable alternative to New York City, Paterson and Northern New Jersey boast sizable gains in the retail market and low vacancy rates.
USA, 91 Cooke Street, Waterbury,CT, 6 710
Type: retail Еsq. ft.: 16,388 Built: 2010 Tenants: Family Dollar
This newly constructed (2010) Family Dollar building presents a rare opportunity combining convenient location, long-term net lease, and the strong fundamentals of an internet-proof tenant with value shoppers appeal. It is located at the busy intersection of Cooke and Groove Streets, with other two major traffic arteries within a mile and Connecticut Transit bus service. With easy accessibility and 26,000 potential shoppers within 1 mile radius, the site represents an established shopping destination that, in addition, enjoys the benefits from Enterprise Zone tax incentives. The powerful mix of commercial activity nearby includes Brass Mill Center, a major contributor to the retail segment of the city's economic base, as well as Colonial Plaza and Brass Mill Commons.
USA, 850 East Main Street, Unit C-1, Stamford, Connecticut, 06902
Type: Single-Tenant Retail Еsq. ft.: 4,000 Built: 2008 Tenants: Fairfield County Bank
The commercial condominium on the 1st floor of a recently built retail/residential complex is located on a prime retail corridor. A close proximity to Metro North train station and Interstate 95 provides a great accessibility and high traffic. The nearby neighbors include Danny's Cycles, Kumo Japanese Restaurant, and the newly completed 108 luxury residential units of the complex. The space is occupied by the only Stamford branch of Fairfield County Bank, with a triple net long-term lease. As one of the densest population areas in Fairfield County, the City of Stamford has an established, well-educated community earning higher incomes, projected to increase even more. Thanks to its proximity to New York, excellent transportation network, and lower taxes, the Stamford has become the center of corporate headquarters and commercial activity.
USA, 550 South Broad Street, Elizabeth, NJ, 07202
Type: retail / commercial Еsq. ft.: 13,200 Built: 1965 Tenants: Family Dollar
The building is rented on a NNN lease to Family Dollar, a publicly traded credit tenant, one of the major discount retailers in the United States. The property's surrounding area is Bayway neighborhood of Elizbeth, featuring exclusive ethnic restaurants, bars and stores along Bayway Avenue, amongst charm multi-family houses and multiple apartment complexes. It is conveniently located within one mile of New Jersey Transit bus stop along South Broad Street and is easily noticeable from both sides of the street. The City of Elizabeth is famous for its powerful retail base attracting millions of visitors every year with the help of such giants as the Jersey Gardens Mall, the largest mall on the East Coast, nation's highest performing IKEA store, and the biggest Toys-R-Us Kids World. Other dominant contributors include Port Newark–Elizabeth Marine Terminal and Newark Liberty International Airport.
USA, 427 Old Country Road, Westbury, NY, 11590
Type: retail Еsq. ft.: 6,000 Built: 2009 Tenants: Metro PCS
The building contains 2 units, one of which is occupied with a triple net lease by Metro PCS, a national credit tenant. Its location in one of the wealthiest, most densely populated areas in the country, in a continuousely expanding neighborhood and a center of commercial activity, which includes branch banks, restaurants, convenience stores, major regional malls and modern shopping centers, effectively provides a consistent flow of possible consumers. For example, neighboring Roosevelt Field Mall is the largest regional mall in Long Island with 2.2 million square feet of retail space and nationally renowned tenants like Bloomingdales, JCPenney, Macy's, and Nordstrom. Other malls situated next to the property are the Mall at the Source with powerful occupants like Costco, Best Buy, Virgin Megastore, and Walmart and the recently completed Gallery of Westbury Plaza with its 18 retail shops including Banana Republic Factory Store, Trader Joe's, Nordstrom Rack, and a number of smaller stores.
USA, 238 Hooker Ave, Poughkeepsie, NY, 12603
Type: retail Еsq. ft.: 9,492 Built: 1999 Tenants: Rite Aid
The property features a flexible layout, adaptable to various retail users, recently renovated interior, and generous on-site parking space. It is leased to Rite Aid, a credit rated tenant, with multiple renewal options. The corner location, highly favorable for retail, allows good visibility and access. The neighborhood represents a fair mix of commercial and residential use area, mainly comprised of single-family houses and local businesses like auto body shops, restaurants, and a small market. Other neighboring tenants include a 7-Eleven, a Family Dollar, G.W. Krieger Elementary School and the Vassar College campus. The train service is available via Metro-North Railroad's Hudson Line. The area demographics has optimistic projections for sensible growth in households and income levels, declining unemployment and stable population base.
USA, 226 West Bridge Street, Catskill, New York, 12414
Type: retail Еsq. ft.: 11,047 Built: 1997 Tenants: Rite Aid
The building has NNN long-term contractual lease agreement with Rite Aid, a nationally accredited retail tenant. The rents are below market value due to recent rental rate increases associated with extensive redevelopment Catskill Commons and Walgreens construction that had a tremendous effect on retail dynamics of the area and the value of the property. The property enjoys a great visibility and is located in heavily trafficked signalized corner amongst such nationally renowned brands as Dollar Tree, Lowe's, AT&T, Verizon, KeyBank, and Walmart, the world's largest multinational retail leader.
Latvia, Riga, Dzirnavu St, 2-1 LV-1010
Type: offices Еsq. ft.: 19,941 Built: 1990 Tenants: Social Discovery Ventures B_Bars Oracultang Coworking Space Itech Fund
This recently renovated commercial multitenant multifunctional building is centrally located in the Dome Square, which is known as a heart of historical center of Riga, Latvia. This part of the city is a UNESCO World Heritage Site and is considered one of the most beautiful area amongst the Western Europe. The building is benefitting from large variety of business, travel and cultural infrastructure which surrounds the property including restaurants, hotels, ancient churches, bank branches, various administrative departments and government agencies.
USA, 6822 Hamilton Boulevard, Allentown, PA, 18106
Type: retail Еsq. ft.: 14,524 Built: 2002 Tenants: Rite Aid
This functionally designed property, suitable for diversity of uses, has a triple net lease with a national credit tenant. Located on the commercial development area along Hamilton Boulevard, next to such renowned firms as First Niagara Bank, Wells Fargo, Friendly's Restaurant, and Shops at Trexler Shopping Center, it has a good exposure to visitors. Besides, its perfect position along two arterial streets provides easy access to any part of the metropolitan area and other parts of Pennsylvania and New Jersey. The Allentown-Bethlehem-Easton metropolitan area is a region of an abundant vacant land, favorable taxes, and excellent highway infrastructure and rail service. Its progressive and diversified economy with expanding commercial and industrial activity, growing population and income levels has the power to adjust to any fluctuations in the economy.
USA, 412 West Army Trail Road, Bloomingdale, DuPage County, IL, 60108
412 West Army Trail Road is a portion of a larger center shared with Toy R US and Goodwill. It has a long-term lease with Petco, a national quality credit tenant. The property is ideally located in a major retail node within an established community, near a huge network of roads providing easy access to the place. Over the past several years, this suburban neighborhood has been undergoing a new development, expected to continue along with growth in income levels and employment. Neighboring businesses include such regionally recognized shopping centers as Stratford Square Mall anchored by Carson Pirie Scott, Kohl's, Macy's, Sears, and Burlington Coat Factory; Bloomingdale Square with national and global retailers like TJ Maxx, Best Buy, Old Navy, and Wal-Mart; and Stratford Crossings featuring Meijer, Mariano's Fresh Market, Party City, and Planet Fitness.
USA, 7199 Natural Bridge Road, Northwoods, St. Louis County, Missouri 63121
The property has a long-term absolute net lease with Walgreens, a publicly-traded company with a very strong credit. Besides the stability from long-term commitment of ever-expanding world's largest purchaser of prescription drugs, the property boasts its advantageous location at a highly visible intersection with good traffic counts, surrounded by numerous locally owned commercial businesses including fast food and dine-in restaurants, gas and service stations, the North Oaks Shopping Center, freestanding retail, and multipurpose retail/office buildings. Among its public neighbors are the University of Missouri-St. Louis, Norwood Hills Country Club, and Glen Echo Country Club. The building benefits from its reasonable proximity to the St. Louis Central Business District.
USA, 2014 City Line Road, Bethlehem,PA, 18017
Type: offices (medical/dental) Еsq. ft.: 19,771 Built: 1972 Tenants: Fresenius Medical Center / RMS Lifeline (DaVita) / Valley Kidney Specialists
2014 City Line Road, a former flex-industrial building converted to multitenant medical office property, is leased on a long-term net structure to three tenants: Valley Kidney Specialists, RMS Lifeline, a subsidiary of DaVita, and Fresenius. The property has everything necessary for medical office space operations including receptions, waiting areas, examination rooms, offices, an open space area with 12 dialysis stations, employee break rooms, and adequate amount of parking. Thanks to its convenient location near a major access artery, it gets serviced by numerous major streets within the neighborhood.The office is within minutes from Lehigh Valley International Airport and Moravian College athletic complex with the football stadium, softball field, and baseball field.
USA, 1320 Mickley Road, Whitehall, PA, 18052
Type: medical office Еsq. ft.: 10,170 Built: 2010 Tenants: Fresenius Medical Care Whitehall
This free-standing dialysis center is built to suit for a subsidiary of Fresenius Medical Care, a credit tenant, leasing the property on a long-term basis. Its favorable position within Whitehall Township allows to continuously reap the rewards of steady population and household growth trend, variety of local roads, convenient and efficient transportation, and the direct influence of proximity to the most prominent retail center in the region - Lehigh Valley Mall. The Lehigh County itself is part of a metropolitan area characterized by low unemployment rate and expanding labor force, powerful transportation and warehousing sectors, attractive geographic location close to major interstate systems, airports, large markets, and its low business costs.
3105 NW 62nd Street, Miami, Florida 33147
Type: retail Еsq. ft.: 8,147 Built: 2000 Tenants: Family Dollar
The freshly renovated, long-term NNN leased Family Dollar property is located on a corner, along a primary commercial thoroughfare, in area with the tenant's target market demographics. This dense, mature suburban neighborhood, with steadily growing population and households, has been undergoing gentrification with extensive new retail redevelopment including new Super Walmart and numerous other retail buildings coming along. Other outstanding features of the area include its proximity to Miami Central Business District and regional transportation links. Within two miles of the property is Miami International Airport, America's second-busiest airport, incessantly welcoming newcomers from all over the world to the international leisure destination.
USA, 24 Simon Street, Nashua,NH, 03060
Type: industrial Еsq. ft.: 49,782 Built: 1964 Tenants: Axsys Technologies IR Systems
This massive, state-of-the-art light industrial building was designed for maximum flexibility and usability for various manufacturing applications. It is leased under long-term absolute net structure, to Axsys Technologies, a fully owned subsidiary of General Dynamics Global Imagining Technologies. The property is placed on a major highway, in a busy industrial park amongst numerous national and global brands such as Macsteel, F.W. Webb Company, ARC Technology Solutions, and a UPS distribution center. Just north of the property is the Nashua Mall with famous retailers like Kohl' s, Babies R Us, LL Bean, Christmas Tree Shop, Hannover, and an Audi auto dealership. The City of Nashua is known for its desirable community with low unemployment rates, excellent highway infrastructure, and a robust industrial sector. Axsys Technologies fits right in the smart manufacturing/high technology segment, the greatest employment sector in Nashua and New Hampshire.
USA, 335 Center Street, Manchester, CT, 06040
Type: retail Еsq. ft.: 11,091 Built: 1998 Tenants: Rite Aid
The tenant Rite Aid, a nationally accredited drug store, occupies the space with a long-term triple net lease. The strong fundamentals for the pharmacy market and substantially limited inventory available has led to a growing demand for drug store space and decrease in vacancy within the area. Fairly named an up-and-coming area by brokers, Manchester Township has developed into the main retail-hub within the Hartford Metropolitan area containing over three million square feet of retail.
USA, 6200 20 th Street, Vero Beach, FL, 32966
Type: retail Sq. ft.: 292,958 Built: 1997 Tenants: Indian River Mall
The total mall consists of approximately 740,304 SF, of which 292,958 SF is owned by the investment fund. The mall is anchored by JC Penny (82,027 SF), Dillards (129,601 SF), Sears (130,663 SF) and Macy's (106,055 SF), each of which own their respective land parcel and building. National Credit Tenants include: Victoria's Secret, Talbots, Hollister, GNC, Rue21, Bath & Body Works, Express, LensCrafters, Zales Jewelry, Kay Jewelers, and many others. The mall also has a 24-Screen AMC Theater, which is the largest cinema attraction in the city and reported sales of $4.8 million in 2016. The mall is in a prime location, within Vero Beach's primary retail commercial corridor and just 4 miles of I-95. Vero Beach is conveniently situated 190 miles south of Jacksonville and 135 miles north of Miami along Florida' s Treasure Coast. Given the regions desirable climate and location, Vero Beach is popular for both tourists and retirement communities.
USA, 691 Richmond Road, Richmond Heights, OH, 44143
This massive mall is anchored by JCPenny and Sears, in addition to more than 75 specialty stores, a 20-screen Regal Cinema, and a variety of food options. Situated in the heart of Cleveland's Northeastern Growth Corridor, the mall draws shoppers from within the most densely populated area of Northern Ohio and is located within just 4 miles from the Lake Erie shore. This mall serves surrounding areas including John Carroll University with 3,200 students, Case Western Reserve University with 10,000 students, and Progressive Insurance World Headquarters, which employs 9,700 people.
USA, 1200 Northbrook Drive Trevose, Bucks County, PA, 19053
Type: office building Sq. ft.: 107,742 Built: 2007 Tenants: Northbrook Corporate Center
This corporate center is a Class A office building and one of the newest office buildings in the submarket. The 4-story building is constructed to meet institutional and energy-efficient design standards. The property is leased to a diverse set of high quality tenants, including Gamesa, Bracket Global, and an agency of the US Treasury. Situated at the epicenter of commercial amenities in one of Pennsylvania's major transportation crossroads, the property offers immediate access to restaurants, shopping, fitness centers, daycare facilities, hotels, banks, and more. Within close distance there is a 1 million square foot regional mall, countless national retailers and convenient fast casual restaurants. Located right by the interchange of US Route 1 and the Pennsylvania Turnpike, there is an easy access to Philadelphia, Princeton, and New York City.
USA, 1401 West Esplanade Avenue, Kenner, LA 70065
Type: retail Sq. ft.: 650,777 Built: 1985 Renovated:2002/2013 Tenants: Target Dillards The Grand Esplanade 14 - Regal Cinemas
This two-story regional mall is situated in an attractive high-income suburban area with increasing population, steady economic growth, and a superior, ever-expanding transportation network. Anchored by such notable national giants as Target, Dillard's, Regal Cinemas, with the support of other in-line tenants blend comprised of Bath & Body Works, Charlotte Russe, GNC, LensCrafters, Victoria's Secret and others, the property is already enjoying a consistent stream of traffic and steady and reliable performance as a result. On top of that, the asset is presented with an extensive range of unparalleled value-add opportunities such as lease-up of the present unoccupied space, which includes recently purchased vacant Macy's box, repositioning and broadening of the existing services mix to meet the needs of growing local customer base and adjust to shifting demand trends. These initiatives, coupled with the right marketing wits and the on-going involvement and cooperation of major traffic-driving tenants, create a substantial profitability increase potential. Besides, the property's supreme strategic location a few miles away from the Louis Armstrong New Orleans International Airport provides an invaluable access to its travelers and allows it to directly benefit from the airport's recently announced $1.0 billion expansion program for construction of a new world-class terminal. Other development such as expanding Port of New Orleans, Kenner city's infrastructure improvements for West Esplanade Avenue, and the planned 265-unit, high-end apartment complex right next to the mall will undeniably upsurge the demand and enhance the accessibility.
USA, 410 Gregson Drive, Cary, North Carolina 27511
Type: Industrial - Research and Development Sq. ft.: 39,223 Built: 1984 Renovated:1999/2017 Tenants: Arkema Innovative Chemistry
Located in a master-planned industrial/office park of the prosperous town of Cary, 410 Gregson, the Arkema building, is a true gem featuring an incredible combination of a newly upgraded flex R&D facility; a long-term, global NNN tenant; prestigious and thriving neighborhood with outstanding demographics and promising economic outlooks. Although specifically designed to suit its loyal tenant of over a few decades, the building's interior, consisting of labs, testing and office areas, enhanced with recent 7,500 SF additions and modern upgrades, offers tremendous value for any other users of this type of industrial lab / R&D space. Besides industrial and office spaces, there is an assortment of other commercial and residential development in the nearby area, such as retail, corporate training center and daycare amenities as well as multi-family complexes and single-family residential areas. As part of the famous Research Triangle, constantly appearing in the top list of best places for numerous rankings, Cary, NC has itself been named among the best, hottest, safest places to live and work by several major publications. Reaping the benefits of its proximity to large economic centers like Raleigh and Research Triangle Park, access to renowned universities, the city enjoys its strong positions in high-tech and innovation, e-commerce, manufacturing, financial services, life sciences, and other industries; it has become home to the most affluent, highly educated, fast-growing population. Cary's robust employment growth is led by employers like SAS Institute Inc., Siemens Medical Solutions USA, Verizon Wireless, HCL Technologies, John Deere, MetLife, American Airlines, Caterpillar, and DB Global Technologies.
USA, 2857 West 8th Street, Brooklyn, Kings County, NY 11224
Type: 2-Story Office/Retail Complex Sq. ft.: 52,302 Built: 1989 Renovated: 2015 Tenants: New York City HRA, Blink Fitness, Dollar Tree, NYU Langone, Verizon - rooftop antenna
2857 West 8th Street is a first-class, fully renovated, two-story commercial/retail building with a diverse mix of long-term, exceptionally reliable credit tenants comprised of New York City HRA, Dollar Tree, NYU Langone, Blink Fitness, as well as Verizon with its cell and GPS tower on the roof. The building is uniquely located in the densely populated, prime South Brooklyn neighborhood of Coney Island / West Brighton, along a heavily traveled pedestrian area, with easy access to several subway stations and key expressway. Minutes away from the property are major city attractions like the beach and boardwalk, amusement parks, New York City Aquarium, and MCU Park stadium, drawing millions of visitors. Moreover, the area is on the verge of significant transformation and revitalization. The wide-ranging development plan includes Rubin Schron's 700,000 SF, 42-story, 544 unit building with 162,000 SF of retail space, 1,000 underground parking garage spaces within three blocks from the property; a 7-story, 118,360 SF office building, a mixed-use three-block site with 1,000 apartments, 150,000 SF of retail space, and 80,000 SF of office space to be competed in the near future.
USA, 100 Mall Dr, Steubenville, OH 43952
Type: Shopping Center (Super-Regional Center/Mall) Sq. ft.: 373,264 SF Built: 1974 Renovated: 2000 Tenants: Multi-tenant
Fort Steuben Mall is a Shopping Center (Super-Regional Center/Mall) property totaling 373,264 SF of NRA located on a 49.09-acre site at 100 Mall Drive in Steubenville, Ohio. The NRA includes 3 outlot buildings (Dick's Sporting Goods, Aspen Dental, and Eat N Park), along with the mall. The improvements were built in 1974, with updates in 1990 and 2000. The subject property is anchored by Walmart, JCPenney, AMC Theater and Dick's Sporting Goods and has two anchors (Macy's and a Sears). The subject property has a multi-tenant design that is currently occupied by third-party tenants.
USA, 18000 Vernier Rd, Harper Woods, MI 48225
Type: Shopping Center (Regional Center) Sq. ft.: 639,134 SF Built: 1957 Renovated: 2004 Tenants: Multi-tenant
Eastland Center is an enclosed shopping mall, Regional Center property totaling 639,134 SF of NRA located on a 63.17 acre site at 18000 Vernier Road in Harper Woods, Michigan. The NRA includes 3 outlot buildings (a Family Dollar center, a single tenant restaurant and a former Applebee's restaurant), along with the mall. The improvements were built in 1957, with renovations/updates in 1975, 1993, and 2003/2004. The subject property was anchored by Sears, Macy's, Target, Burlington Coat Factory and Shopper's World, with a Lowe's as a anchor.
Seminole Towne Center is a super-regional enclosed mall located in Sanford, Florida, 20 mi (32 km) north of Orlando at the intersection of I-4 and SR 417. It has 1,136,579 square feet (105,591.6 m2) of gross leasable space. The mall opened in 1995 with Dillard's, JCPenney, Sears, Burdines, (now Macy's since 2005), and Parisian (became McRae's in 2004 and Belk in 2006 instead of becoming Belk in 2007 like most of the other Parisian stores, now Burlington and Dick's Sporting Goods since 2012.